Copart co-CEO says total losses now going back up compared to decrease in Q4 2022
— February 22, 2023Copart co-CEO Jeff Liaw said on Tuesday the company, during fiscal year Q2 2023 ending Jan. 31, changed
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total loss
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IAA reaches $5B in TL payoffs since 2019, increased used car values the cause?
— February 16, 2023IAA says its Loan Payoff program exceeded $3 billion in total loss transactions in 2022 — perhaps an
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Nebraska seeks to make structurally damaged vehicles known to buyers, require repairers to follow OEM procedures
— January 30, 2023A bill has been filed in Nebraska to add structurally totaled vehicles to the state’s list of vehicles
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Tennessee bill would require timely removal of total loss vehicles from shop properties
— January 24, 2023A bill introduced to the Tennessee Senate seeks to eliminate a space barrier for shops and, at least
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Concern in Mexico raises issue of international market for vehicles sold at US auctions
— December 21, 2022The head of Mexico’s national auto parts lobby has voiced concerns about the Mexican government’s
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Hurricane Ian prompts a question: How many totaled vehicles return to the road?
— November 21, 2022Hurricane Ian caused widespread flooding across Florida, North Carolina, and South Carolina in October,
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Copart sees decline in total loss frequency, co-CEO tells investors
— September 9, 2022Record high prices for replacement vehicles are depressing the volume of total losses, even as driving
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Settlement reached in suit against USAA over ACV payments
— August 25, 2022A settlement has been reached in a Mississippi class action suit accusing USAA of failing to pay the
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Public workshop: California BAR to cover proposed repaired salvage vehicle regulations
— July 19, 2022A second workshop, both in-person and virtually, will be held Thursday at 1 p.m. by the California Bureau
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UPDATE: Rhode Island may give insurers more time to appraise vehicles, double damage amount for inspection requirement
— May 25, 2022Rhode Island senators are considering a bill that would make it an Unfair Claims Settlement Practices
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